ARTICLES ABOUT EXECUTIVES BY DATE - PAGE 5

MUMBAI: The authorities would go ahead with hanging of Yakub Memon , the sole death-row convict of 1993 Mumbai serial blasts case, on July 30 as scheduled, highly placed sources said here today. Memon, whose curative petition against the death sentence awarded by special TADA court was dismissed by the Supreme Court earlier this week, is lodged in Nagpur Central Jail . When asked about Memon's fate, Maharashtra Chief Minister Devendra Fadnavis today only said that he would make a statement on July 29. "I will make a statement on the issue on July 29," Fadnavis told reporters here.

MUMBAI: Rajesh Padmanabhan, Vedanta Ltd's chief human resource officer, spoke to Megha Mandavia about the recent boost of the natural resources conglomerate's initiatives for developing high potential talent through "ACT UP" and Leaders Connect Programmes, to create leadership succession in all levels across the organisation. Can you please tell us what is 'ACT UP'? ACT UP is Accelerated Competency Tracking and Upgradation Programme. We identify high potential employees within the group, shortlist 15% of them and take them through the entire development journey.

MUMBAI: With the new companies Act putting more responsibilities on non-executive directors, former Sebi chief M Damodaran has set up a trust to address various issues and challenges faced by such individuals. Non-executive Directors In Conversation Trust (NEDICT) would have five chapters in major cities of India and is the first such institution set up for the purpose of addressing specific requirements of non-executive directors, especially independent directors. "In number of interactions with NEDs, it was clearly felt that the large number of diverse responsibilities, which they were expected to discharge under Companies Act 2013, had left them unprepared to do justice to their role," M Damodaran, who is the managing trustee of NEDICT, told reporters here.

NEW DELHI: Myntra has appointed Ananth Narayanan as its new chief executive officer. Current CEO and co-founder of Myntra Mukesh Bansal will become chairman of the board, while continuing to lead Flipkart's commerce platform, Myntra said in a statement. A week ago, a Myntra spokesperson had told ET that it was not in the process of hiring for the position of CEO. Narayanan, a director in McKinsey's Chennai office, was featured as one of India's 'Hottest 40 under 40 Business Leaders' in The Economic Times in 2014 and has worked with the firm for 15 years in four locations.

NEW DELHI: BJP leader Subramanian Swamy has suggested party president Amit Shah to convene a special session of the National Executive to discuss the Ram temple whose construction in Ayodhya should begin from January 1 next year. In a letter to Shah yesterday, Swamy said BJP should also obtain consent from the court for shifting the mosque present there. The Narasimha Rao government , he said, had filed an affidavit before the court that if it is found that a temple pre-existed at the place where Babri Mosque was built then the Ram Janmabhoomi land would be handed over to Hindus for building a temple.

TOKYO: Toshiba Corp's chief executive Hisao Tanaka and a string of other senior officials resigned on Tuesday for their roles in the country's biggest accounting scandal in years. Tanaka will be temporarily replaced by Chairman Masashi Muromachi after an independent inquiry found the CEO had been aware the company had inflated its profits by $1.2 billion over a period of several years. "I see this as the most damaging event for our brand in the company's 140-year history," Tanaka told a news conference after making a ritual deep bow of contrition to a flurry of camera shutters and flashes.

MUMBAI: Srirup Mitra, 33, a category head at Hindustan Unilever, took home more than a crore in annual salary last year. He isn't really an exception. India's top consumer goods firm has about 169 executives who drew eight-digit salaries last year, six times more than its closest rival ITC's 23 crorepati employees, and half of them are less than 40 years of age. The HUL number is also 50% higher than IT major Infosys' 123 eight-digit salary earners and more than double of Wipro's 70. These 169 managers, representing just 1% of HUL's total workforce, drew home a combined salary of Rs 310 crore, according to the firm's annual report.

The story of Punit Renjen , the first Indian chief executive of a Big Four consultancy firm, is an inspiring one. The Rohtak-born Renjen went to study in the US on a scholarship, capitalised on a good break, excelled in his craft (M&A) and rose through the ranks after delivering results consistently. And, in February, after 98% of Deloitte partners globally validated Renjen as their leader, the 53-year-old was crowned the global chief executive of the firm. He took over the role formally on June 1 from predecessor Barry Salzburg . In his first visit to India after taking over the reins, Renjen spoke to Sachin Dave, Moinak Mitra and Vinod Mahanta on the changing perception on India, missionversus-money debate and his journey to the corner office.

NEW DELHI: Prime Minister Narendra Modi has called a meeting of BJP parliamentary party executive tomorrow as the government and the ruling party firm up their strategy for the monsoon session of parliament, which is set to be stormy over the opposition demand for the resignation of many party leaders. The meeting will follow Modi's meet with all the NDA constituents, a first on the session eve, and underlines the government's resolve to put in place a strong defence against the opposition onslaught it is set to face in the session beginning from July 21. BJP has made it clear that it will not be on the defensive and instead target top Congress leaders over issues like Lalit Modi controversy.

BAGHDAD: The Islamic State group has executed an Iraqi journalist in the northern city of Mosul on charges of spying, local officials and colleagues said Saturday. Jala al-Abadi was taken from his home with his phone and laptop on June 4 and executed on Wednesday by firing squad after being sentenced by an IS court. A former senior security officer in the area and a medical source in Mosul confirmed the young journalist's death. The father of two was born in 1988 and had worked as a cameraman for a local channel before IS took over Iraq's second city in June 2014.